After a long searching, and trial and error experimenting, we decided to run and use an independent instance of the Ethereum blockchain — or we label it as ‘owned’ blockchain.
Another medium article describes in details how did we reach the current state.
As many of you — readers of this page know Ethereum blockchain is the most popular ‘smart contract’ enabled blockchain.
This tutorial aims to make ordinary users, who are not very familiar with technical details on the blockchain, aware of the features and the ways of use.
Most of the use of Ethereum and alike blockchains are…
Decentralization is a dear topic to me. I believe decentralization is the future — a revolutionary technology that has the potential to change the way we use the Internet radically.
This article compares two different approaches to decentralization; I call them ‘flavors’ — our implementation in the Decentralized web project and the one of the DFINITY project.
Personally, I find the DFINITY approach pretty cumbersome. We, on the other hand, take a very minimalistic approach to decentralization.
Besides comparing the technology, I did discover a ‘little’ secret of DFINITY, which I find troubling.
At stake is democratizing of the Internet…
Foreword: Dear reader, please do not be fooled by the simplicity in explanation below — the implementation in the ongoing dWeb project is quite complex
This article gives a high level overview of the network architecture of the decentralized web / dWeb project — in its current state and how it is evolving.
There are currently 2 types of participants in the decentralized network communication and both types are users. As users they initiate connections and ‘consume’ the service, like for ex. in the form of video and audio interaction.
These types are -
- outward only (OO) user — The…
Albert Einstein, when creating first the special and then the general theory of relativity, did use lots of thought experiments. A thought experiment is a metaphor, an explanation to reach understanding by analogy — like, for example, what happens if we sit and ride on a light beam.
This article uses also thought experiments designed to provide analogy and bring clarity in a time of euphoria of a bull crypto-market.
It may have been almost 2 years ago when I did answer a question on Quora — ‘What is the most dangerous crypto-currency.’ …
‘Monetizing’ sounds very business like — capitalistic, but I believe this model is very decent and fair for all participants.
From the very beginning the Decentralized web have to be free!
Then, how do we make money out of dWeb?
This article explores a possible new monetizing model in the context of an operating decentralized web.
Unlike lots of so called ‘white papers’ and other article describing models there are no mathematical formulas
This is a second article in the ‘Decentralized web / dWeb’ series. To get an idea on what the dWeb is please check — this article.
envisioning a web that revolves around the user, not the server and not the blockchain
This is an article about a new post-blockchain future technology.
Currently we are living in the centralized — server dominated web communications.
Blockchains did introduce the idea of decentralization but do not go far enough.
This article describes my vision and definition of what a decentralized web — dWeb is.
While many article writers make proposals and share ideas, I did create a project and am actively working on creating and bringing into existence the decentralized web.
There are variety of existing definitions of a…
The title is a question posted on Quora and the article below is based on my answer to it and added details and explanation.
The different choices of wallets are measured in several dimensions:
Requirement: If the word astrology triggers strong judgments, please suspend them until you read the article completely.
The article mixes astronomy, astrology, technical analysts and fundamental analysis of cryptocurrency charts. In short — astronomy deals with the movements of planets, stars, galaxies. Astrology deals with beliefs about the influence of planets and constellations on us — humans. Technical analysis looks at the price movements of a stock or a crypto-coin. And, fundamental analysis oversees the news and the substance of an asset, business or a project related to a stock, or a crypto-coin.
The article investigates the time correlation between…
(disclosure — I am developing an automated trading system for crypto-currencies, foreign exchange, metals, commodities, indexes at arstech.biz)
This is the initial article in a series of articles — attempting to foresee a future where alternatives to the blockchain design are realized, existing, and operating.
I realize that the title and the article itself is going to provoke very strong reactions. The whole area of crypto-economics invites strong opinions and a sharp division between the camps of crypto believers and non-believers.
Most blockchain designs operate either based on speculation — where the computing resources spent are used to justify the…
by Paul Arssov (disclosure: I am developing an automated cryptocurrency trading system at — arstech.biz)
This article has been written from my point of view as a distributed app (Dapp) developer. It also shows the points of view of the blockchain developer and the point of view of the coin/wallet holder.
In general there are 2 groups of blockchains — the large group of decentralized by design blockchains (Bitcoin, Ethereum…) and the small group of centralized by design blockchains (Ripple,Tether…).
The article is pointing to the tendency of centralizing of the large group of decentralized by design blockchains (Bitcoin…